1, management function

The World Trade Organization is responsible for supervising and managing the trade policies and regulations of its member countries, and regularly reviewing them to ensure their legitimacy.

2. Organizational functions

In order to achieve the established goals of various agreements and agreements, the World Trade Organization has the right to organize and implement various trade agreements and agreements within its jurisdiction and actively take various effective measures.

3. Coordination function

The World Trade Organization coordinates its relations with international organizations and institutions such as the International Monetary Fund and the World Bank to ensure the consistency and coherence of global economic decision-making.

Step 4 Adjust the function

When disputes and conflicts occur between member countries, the World Trade Organization is responsible for solving them.

Step 5 provide functions

The World Trade Organization (WTO) provides its member countries with a negotiating place to handle various agreements and agreements-related affairs, and provides necessary technical assistance to developing countries to help them develop.

Extended data

Fundamental rights

(1) Make products, services and intellectual property rights enjoy unconditional, multilateral, permanent and stable MFN treatment and national treatment among 150 members;

(2) Industrial products and semi-finished products exported to most developed countries enjoy GSP treatment;

(3) Enjoy most preferential or transitional arrangements of developing country members;

(4) Enjoy the benefits of other WTO members' opening or expanding market access for goods and services;

(5) Use the dispute settlement mechanism of WTO to solve the economic and trade frictions with other countries fairly, objectively and reasonably, and create a good environment for economic and trade development;

(six) to participate in the activities of the multilateral trading system and obtain the decision-making power of international economic and trade rules;

(7) Enjoy the right of WTO members to use various rules, adopt exceptions and safeguard measures to promote their own economic and trade development.

Baidu Encyclopedia-World Trade Organization